Given that electricity exports were significantly higher than imports in physical terms, and in value terms in 2023, Romania was in surplus. Not in terms of price per MWh, where the export price was lower than the import price. The value of Romania’s electricity exports in 2023 was 1.23 billion euros, according to the data communicated by the National Institute of Statistics at our request. In 2023, the value of Romania’s electricity imports will reach almost 1.19 billion euros, according to the same source. Both dates are provisional. From electricity trade, Romania’s balance was positive last year, the country having a surplus of 47 million euros against the background of the situation, already known to be a net exporter of electricity in terms of physical volumes. Last year, from a commercial point of view, we exported the most to Bulgaria, 482 million euros, and then to Hungary (406 million) and Serbia (294 million). From the point of view of imports, we paid the most to Serbia (507 million euros) and then to Hungary (334 million euros) and to Bulgaria (309 million). Romania exports electricity during off-peak hours, when it is cheap, and imports during peak consumption hours, when it is expensive. So, for physical exports of 11.63 TWh (INS data differ significantly from those of Transelectrica, which show the physical flows on the interconnection lines) 1.235 billion euros were collected, so, on average, for one MWh exported, Romanian producers they received 106 euros/MWh. Physical imports were, according to the INS, 8.61 TWh, their value being 1.187 billion euros. So, on average, we paid for each imported MWh, almost 138 euros. Therefore, the price for an imported MWh was 30% higher than for an exported MWh, in the year 2023, so even in the situation where we were net exporters of electricity in terms of volumes and, overall, also in terms of from a monetary point of view, the country was in surplus in 2023, the price per MWh is lower for export than for import.
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
A former pastor from California has been accused of sexual abuse and child trafficking at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in the California District Court, AP reported. The complaints, filed by 33-year-old Marian Barbu and 40-year-old Mihai-Constantin Petcu, reportedly say that former pastor and missionary of […]
Four cities, namely Bistrița, Deva, Oradea, and Tulcea, have submitted bids to become Romania’s Youth Capital in 2027, organizers announced after the first round of applications closed on September 15. The competition, inspired by the European Youth Capital program, highlights cities’ commitment to investing in young people and involving them in community life. “The fact […]
